Wiseman Bookstores has an accounts receivable turnover of 6. This means that...

A. one-sixth of the company's assets are financed by creditors.
B. the company sells and replaces its merchandise inventory six times each year.
C. the company collects its accounts receivable about every sixty days.
D. the company's sales figure is six times its accounts receivable figure.
E. the company had $6 in assets for every $1 of current liabilities.